Oil Rises Over 1% After Reuters Report Signals Complication to US-Iran Peace Talks
Summary Supreme Leader says enriched uranium must stay in Iran, Iranian sources say Pakistan steps up diplomatic bid to get US-Iran peace talks on track US withdrew biggest oil drawdown…
US Draws Down Record Volumes of Crude Oil From Stocks, EIA Says
(Reuters) – The United States withdrew 17.8 million barrels of crude oil from its inventories, the highest on record, the Energy Information Administration said on Wednesday, as the Iran war…
US Crude and Gasoline Inventories Fell Last Week on Strong Demand, EIA Says
(Reuters) – U.S. crude and gasoline stockpiles fell last week as demand remained elevated, while distillate inventories were up, the Energy Information Administration said on Wednesday. Crude inventories fell by…
Trump Blinks as Big, Bad Bond Market Bares its Teeth: McGeever
(Reuters) – U.S. President Donald Trump is discovering – yet again – just how unforgiving and powerful bond markets can be. A global selloff has swept through sovereign debt markets,…
Iran War Boosts US Shale Oil But Only So Much: Bousso
(Reuters) – U.S. shale oil drillers have responded rapidly to the surge in crude prices since the start of the Iran war by ramping up production, but output gains are…
Goldman Sachs Says US Natural Gas Output Shows Signs of Price Sensitivity
Goldman Sachs said in a note on Tuesday that U.S. natural gas production is showing signs of price sensitivity as Henry Hub prices moved back above $3 per million British…
Oil Prices Slump After Trump Comments While Analysts Point to Supply Crunch
Summary Trump and Vance talk up Iran deal prospects Another two oil tankers exit Strait of Hormuz Official U.S. stockpiles data due at 1430 GMT (Reuters) – Oil prices lost…
SEE THEM HERE: Some of the Biggest Power Companies in US
(Reuters) – Major U.S. power company NextEra Energy announced a plan to acquire Dominion Energy in a $66.8 billion deal that would create one of the world’s largest electric utilities.…
INSIGHT: Giant US Power Merger Bets on AI Build-Out, but May Hinge on Power Bills
Summary Regulators to assess merger on consumer impact amid AI-driven demand Deal aims to accelerate data center power projects using combined scale, expertise Consumer advocates criticize merger as benefiting shareholders…
API Shows US Crude Stocks Fall for Fifth Straight Week, Fuel Inventories Also Drop, Sources Say
Houston, May 19 (Reuters) – U.S. crude oil inventories fell for a fifth straight week last week, according to market sources citing American Petroleum Institute data released on Tuesday, while…
